Extreme Networks (EXTR) Reports In-Line Q3 EPS; Issues Light Q4 Outlook

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Extreme Networks (EXTR) Buy Maintained at Needham & Company Post Q1; Good Progress on Integration

May 7, 2014 8:01 AM EDT

Needham & Company analyst Alex Henderson reiterated a Buy rating and $9 price target on Extreme Networks (NASDAQ: EXTR) despite in-line Q1 results and soft-guidance.

Henderson commented, "We see Extreme making solid progress and we remain encouraged, but the June guide is a bit softer... More